AlphaWave, a part of global asset manager Falcon Edge Capital, also invested in VerSe, as did existing investors Sofina Group and Lupa Systems, VerSe said, adding that it would use the funds to scale up Josh.
VerSe also owns news and content platform Dailyhunt, which offers content in multiple Indian languages.
In September, Indian content-sharing platform ShareChat raised $40 million from investors including Twitter Inc and Lightspeed Ventures, in an effort to drive growth for its new short-video app Moj.
Both Josh and Moj have been installed on more than 50 million devices each, according to data from Google's Play Store.
Separately on Tuesday, Indian ad technology firm InMobi's Glance - which runs an eponymous lock-screen content app and short-video platform Roposo - said it had raised $145 million from Google and existing investor Mithril Capital.
Google set aside $10 billion earlier this year for digital investments in India.
(Reporting by Sachin Ravikumar in Bengaluru; Editing by Rashmi Aich and Anil D'Silva)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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